Wife of the President and Chairman of the Renewed Hope Initiative (RHI), Senator Oluremi Tinubu on Thursday flagged off the Renewed Hope Initiative Economic Empowerment Programme with the disbursement of N50,000 business recapitalisation grant to 37,000 female petty traders nationwide.
The RHI Economic Empowerment for 1,000 Women Petty Traders per state was held simultaneously in all the 36 state capitals and the Federal Capital Territory with each
beneficiary receiving N50,000.00 as business recapitalization grant.
According to a release issued by her Media Aide, Busola Kukoyi, the First Lady flagged off disbursement of the grant in Asaba, Delta State capital where 1000 petty traders benefited from the scheme.
As one of the interventions under the economic empowerment program of RHI, the grant, Mrs Tinubu said, is targeted at helping petty traders overcome some of their business challenges, create more jobs and expand the contributions of the informal sector to the national economy.
According to her: “As we are all aware of the challenges faced by Small and Medium Enterprises (SMEs), especially the petty traders, who form the backbone of our local economies, these challenges, however, have not deterred the strength of our women. I salute you all and celebrate your courage and resilience that keep you going, to put food on the table for your families.
“Today, through the Renewed Hope InitiativeEconomic Empowerment Programme, we are providing 1,000 pre-selected women petty traders per state with a grant of N50,000 each to recapitalize and grow their businesses. A total of One Billion, Eight Hundred and Fifty Million Naira (N1,850,000,000.00) will be disbursed to 37,000 women petty traders across the nation.”
While identifying economic empowerment as a core objective which the Renewed Hope Initiative have consistently delivered on for both women and youth across the six geopolitical zones of Nigeria to support the economic reforms of the administration of President Bola Tinubu, the First Lady noted that empowering women economically is not just a moral imperative but a strategic one.
Her words: “We recognise that empowering women economically is not just a moral imperative but a strategic one. When women thrive, their families thrive, and by extension, our communities and nation prosper. We recognize that empowering women economically is not just a moral imperative but a strategic one. When women thrive, their families thrive, and by extension, our communities and nation prosper”.
“To the 1000 women petty traders who are the beneficiaries of this programme, I say, You are the heart of our local economies, the foundation of our communities, and the unsung heroes of our nation. You have shown incredible resilience in overcoming countless challenges to build your businesses. Today, we celebrate your hard work and determination”.
Applauding the intervention of Mrs Tinubu and for choosing the state for the flag off of the grant, Delta State Governor, Sherriff Oborevwori, represented by his wife, Tobore Oborevwori announced the donation of an additional N50,000.00 grant by his administration to further empower the beneficiaries.
He noted that the First Lady has demonstrated true motherhood by the various contributions of her Initiative, RHI especially in the areas of Agriculture, Education, Economic Empowerment and Social Investment.
Deji Elumoye
Follow us on:
Russia has expanded its nuclear doctrine to include conventional attacks supported by nuclear powers, heightening…
Tottenham's Rodrigo Bentancur is facing a seven-match ban, £100,000 fine for racial remarks made against…
Tinubu has endorsed the global fight against poverty and hunger, urging the UN Security Council…
UN aid lorries were looted in Gaza, with drivers forced at gunpoint to unload supplies,…
Prosecutors have accused Sean “Diddy” Combs of using prison phones to influence witnesses and obstruct…
A New York City priest is faced with additional consequences after permitting a Sabrina Carpenter…
View Comments
Announcements AnnouncementsIMPOUNDED VEHICLES & BAGS OF RICE & OIL THEIR AUCTION PRICES:- A BAG 19,000 OIL 13,000 CALL FOR MORE DETAILS (O8O__6739__9O9O )
GOIF2 ₦150,000
GOIF3 ₦250,000
GOIF4 ₦400,000.
Toyota Camry tiny light ₦600,000
Toyota Corolla ₦950,000
Toyota Camry muscle 1M
Toyota 4Runner ₦950,000
Toyota Avalon ₦900,000
Toyota Highlander ₦1.5M
Toyota Matrix ₦750,000
Toyota Rav4 ₦900,000
Toyota Sequoia ₦1M
Toyota Tacoma ₦1.5M
Toyota Tundra ₦1.8M
Toyota Yaris ₦650,000
Honda Baby Boy ₦450,000
Honda Accord EOD ₦500,000
Honda City ₦700,000
Honda Crosstour 2.5M
Honda CR-V ₦900,000.
Honda Odyssey ₦950,000
Honda Pilot ₦1.5M
Lexus RX300 ₦800,000
Lexus RX330 ₦1M
Lexus RX350 ₦1.5M
Land Rover Discovery ₦2.5M
Land Rover Freelander ₦3.3M
Land Range Rover Sport ₦3M
Acura MDX ₦2M
Audi A4 ₦750,000
Audi A6 ₦800,000
BMW 3-Series ₦950,000
BMW 5-Series ₦1.2M
BMW X5 ₦1.5M
BMW X6 ₦1. 8M
Infiniti FX35 ₦1.1M
Infiniti FX45 ₦950,000
Infiniti QX4 ₦1.3m
Mazda 626 ₦800,000
Mazda MPV ₦840,000
Mercedes-Benz C-Class ₦850,000
Mercedes-Benz E-Class ₦900,000
Mercedes-Benz GLK ₦2.5 m
Mercedes-Benz ML320 ₦1.1 m
Mercedes-Benz ML350 ₦1.6M
Nissan Altima ₦620,000
Nissan Armanda ₦1.5M
Nissan Maxima ₦950,000.etc.
NOTICE: WE SALES AND DELIVER TO ALL 36 STATES IN NIGERIA
NOTE: THEY MUST BE CLEARED PROPERLY BECAUSE OF THE PAPERS BEFORE DELIVERY. DON'T BUY A VEHICLE WITHOUT PAPERS. (O8O__6739__9O9O )
THANKS FOR PATRONIZING WITH US..